Rogers Historical Income Statement
| RCI-A Stock | CAD 53.05 1.95 3.55% |
Historical analysis of Rogers Communications income statement accounts such as Operating Income of 2.4 B, Ebit of 2.4 B, EBITDA of 4.2 B or Cost Of Revenue of 11.3 B can show how well Rogers Communications performed in making a profits. Evaluating Rogers Communications income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rogers Communications's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rogers Communications latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rogers Communications is a good buy for the upcoming year.
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About Rogers Income Statement Analysis
Rogers Communications Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rogers Communications shareholders. The income statement also shows Rogers investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Rogers Communications Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Rogers Communications generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rogers Communications minus its cost of goods sold. It is profit before Rogers Communications operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Rogers Communications. It is also known as Rogers Communications overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Rogers Communications operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rogers Communications is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Rogers Communications' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rogers Communications current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Rogers Stock please use our How to Invest in Rogers Communications guide.At this time, Rogers Communications' Depreciation And Amortization is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 11.3 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 8.4 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 14.7B | 15.4B | 19.3B | 10.5B | Depreciation And Amortization | 2.7B | 2.6B | 4.2B | 4.4B |
Rogers Communications income statement Correlations
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Rogers Communications Account Relationship Matchups
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Rogers Communications income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 2.6B | 2.7B | 2.7B | 2.6B | 4.2B | 4.4B | |
| Total Revenue | 15.1B | 13.9B | 14.7B | 15.4B | 19.3B | 10.5B | |
| Gross Profit | 6.2B | 5.9B | 5.9B | 6.4B | 8.6B | 5.3B | |
| Other Operating Expenses | 11.3B | 10.7B | 11.4B | 11.6B | 14.8B | 8.4B | |
| Operating Income | 3.7B | 3.2B | 3.2B | 3.8B | 4.1B | 2.4B | |
| Ebit | 3.7B | 3.2B | 3.2B | 3.8B | 4.1B | 2.4B | |
| Ebitda | 6.3B | 5.9B | 5.9B | 6.4B | 8.2B | 4.2B | |
| Cost Of Revenue | 8.9B | 8.1B | 8.8B | 9.0B | 10.7B | 11.3B | |
| Total Operating Expenses | 2.5B | 2.6B | 2.6B | 2.6B | 4.1B | 3.2B | |
| Income Before Tax | 2.8B | 2.2B | 2.1B | 2.3B | 1.4B | 1.3B | |
| Total Other Income Expense Net | (958M) | (1.0B) | (1.1B) | (1.5B) | (1.0B) | (991.8M) | |
| Net Income | 2.0B | 1.6B | 1.6B | 1.7B | 849M | 936.6M | |
| Income Tax Expense | 712M | 580M | 569M | 609M | 517M | 338.7M | |
| Interest Expense | 799M | 844M | 816M | 1.2B | 2.1B | 2.2B | |
| Selling General Administrative | 2.1B | 2.0B | 1.8B | 2.2B | 2.0B | 2.3B | |
| Net Income From Continuing Ops | 2.0B | 1.6B | 1.6B | 1.7B | 849M | 1.5B | |
| Net Income Applicable To Common Shares | 2.0B | 1.6B | 1.6B | 1.7B | 1.9B | 1.5B | |
| Tax Provision | 712M | 580M | 569M | 609M | 517M | 646.8M | |
| Net Interest Income | (820M) | (871M) | (845M) | (1.2B) | (2.1B) | (1.9B) | |
| Reconciled Depreciation | 2.6B | 2.7B | 2.7B | 2.6B | 4.2B | 3.0B |
Pair Trading with Rogers Communications
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rogers Communications position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rogers Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Rogers Stock
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The ability to find closely correlated positions to Rogers Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rogers Communications when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rogers Communications - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rogers Communications to buy it.
The correlation of Rogers Communications is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rogers Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rogers Communications moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rogers Communications can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Rogers Stock Analysis
When running Rogers Communications' price analysis, check to measure Rogers Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers Communications is operating at the current time. Most of Rogers Communications' value examination focuses on studying past and present price action to predict the probability of Rogers Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers Communications' price. Additionally, you may evaluate how the addition of Rogers Communications to your portfolios can decrease your overall portfolio volatility.